The oil price decline of 2014 forced the global oil and gas industry to take a large step back and look at many of the ways it operated – nowhere more so than in one of the world's most mature basins: the UK Continental Shelf (UKCS).

The announcement follows public consultation which received over 60,000 responses (half of those were signatories to petitions). This is the second largest ever response to a Scottish Government consultation.

The oil price decline of 2014 forced the global oil and gas industry to take a large step back and look at many of the ways it operated – nowhere more so than in one of the world's most mature basins: the UK Continental Shelf (UKCS).